Overview of the global RTD tea and coffee market
The research analyst predicts the global
ready-to-drink (RTD) tea and coffee market to grow steadily at a rate of 5%
during the forecast period. The increasing health concerns among the consumers
is driving the demand for RTD tea and coffee. According to the WHO, more than
1.9 billion adults around the world are overweight and of these 660 million
were obese. RTD tea is preferred by health-conscious consumers due to its
anti-oxidant property whereas RTD coffee is preferred by consumers looking for
instant energy.
The rising caf culture among the urban youth
population has also been contributing to the growth of the RTD tea and coffee
market. Leading caf chains such as Starbucks, Costa Coffee, and Barista are
expanding in the emerging economies and boosting the sales of RTD tea and
coffee products. For instance, Costa Coffee opened 76 new outlets in Britain
during 2014 and registered around 7% increase in its sales by the end of the
year.
Segmentation by type and analysis of the global
RTD tea and coffee market
- RTD tea
- RTD coffee
RTD tea dominated the market with a market share of
76% during 2014. This research report predicts the RTD tea segment to retain
its leadership during the forecast period. RTD tea is more preferred by the
health-conscious consumers due to its anti-oxidant properties and low-calorie
content.
Geographical segmentation and analysis of the
global RTD tea and coffee market
- Americas
- APAC
- Europe
- MEA
Publisher analysts expect APAC to dominate the
global RTD tea and coffee market with a growth rate of 6% during the forecast
period. The massive urbanization, rising disposable income, and the growing caf
culture have been contributing to the growth of the market.
Competitive landscape and key vendors
The global RTD tea and coffee market is highly
competitive and dominated by few multinational beverage companies. The report
predicts this market to witness new product launches and price wars during the
forecast period.
The leading vendors in the market are -
- Coca-Cola
- JBD Group
- Ting Hsin
- Unilever
- Uni-President
Other prominent vendors in the market include Amul,
Argo Tea, Arizona, Asahi, Britvic Soft Drinks, Dr Pepper Snapple, F&N
Foods, Haelssen & Lyon, Hangzhou Wahaha, HeySong, Ito En, Kirin Beverage,
Malaysia Dairy, Marley's Mellow Mood, Nongfu Spring, PepsiCo, Pokka Sapporo
Food and Beverage, Suntory, Sweet Leaf Tea, Tai Sun, Tan Hiep Phat, Trade
Winds, Vitalon, and Xing Tea.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019
- What are the key factors driving the global RTD tea and coffee market
- What are the key market trends impacting the growth of the RTD tea and coffee market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the vendors in the global RTD tea and coffee market
- Trending factors influencing the market shares of the America, APAC, Europe, and MEA
- What are the key outcomes of the five forces analysis of the RTD tea and coffee market
Spanning over 68 pages and 35 Exhibit “Global RTD Tea and
Coffee Market 2015 - 2019” report covers Executive summary, Scope of the report, Market
research methodology, Introduction, Market Overview, Market Landscape, Market
segmentation by type, Market segmentation by distribution channel, Market
segmentation by packaging, Geographical segmentation, Key leading countries,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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